NurExone management commentary says six months ended June 30, 2026 net loss narrows as lower G&A offsets higher R&D spending

PUBT · 2d ago
NurExone management commentary says six months ended June 30, 2026 net loss narrows as lower G&A offsets higher R&D spending
  • NurExone management commentary for the six-month period ended June 30, 2026 reported a net loss of US$ 3.45 million, versus US$ 3.52 million.
  • Research and development expense rose to US$ 1.38 million from US$ 1.32 million, led by higher salaries, partly offset by lower subcontractors.
  • General and administrative expense fell to US$ 2.05 million from US$ 2.21 million, reflecting lower professional services and legal costs.
  • Current assets declined to US$ 1.16 million from US$ 2.6 million, driven mainly by lower cash and cash equivalents.
  • Management flagged a going-concern uncertainty, citing expected ongoing losses and insufficient funds to finance planned operations for 12 months.


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